Mermaid Maritime has recently secured seven different subsea projects in the Middle East with an estimated aggregate contract value of USD 11 million. The various work scopes include subsea survey, inspection, repair and maintenance as well as light construction, the company informed. According to M
DeepOcean has been awarded a contract for the provision of post-lay trenching of a 42-km power cable from the shore to offshore United Arabic Emirates. According to the company, the post-lay trenching works have now started offshore Abu Dhabi, and will be performed by DeepOcean’s recently upgraded T
E-marine, a provider of submarine cable solutions in the Middle East, has officially launched its newest cable-laying vessel in Dubai on Thursday. The vessel, named CS Maram, constructed in Abu Dhabi, is the fifth vessel to be added to E-Marine’s cable laying fleet. CS Maram can handle the installat
Allspeeds has been awarded a contract to supply Webtool emergency disconnection tools for well intervention and workover in the Shah Deniz 2 field in the Caspian Sea. Webtool enables rapid cutting of umbilical multiple fluid transfer jumpers, electrical lines and tension wire, in the event of an eme
Israel Antiquities Authority archaeologists diving in the ancient harbor in the Caesarea National Park recovered statues, thousands of coins 1,600 years old and other finds from the seabed. A discovery by two divers in the ancient port of Caesarea in the Caesarea National Park before the Passover ho
UK-based maritime security company, Sonardyne , has been awarded a contract to service the Sentinel Intruder Detection Sonar (IDS) system that helps safeguard an undisclosed waterside facility in the Middle East from unauthorised access from the sea. Six years after it was commissioned, the underwat
Seismic player Polarcus has made changes to the company’s board of directors. Erik Mathiesen, Tom Henning Slethei and Peter Zickerman were elected as new board members with a term of office of one year and Christopher Kelsall was elected as a new board member with a term of office of two years, Pola
Multinet Pakistan, Omantel and Xtera Communications have signed a supply agreement for the new subsea cable system Silk Route Gateway 1 (SRG-1). The new cable will directly link Muscat in Oman to Karachi in Pakistan, with a future extension to Gwadar in Pakistan. “The SRG-1 project is our ambition t
Subsea World News has put together a recap of the most interesting articles from the previous week (May 02 – May 08). IMR and light construction player Harkand has entered into administration after it, earlier this year, defaulted on the payment of its senior secured bond issue and interest, due to
McDermott International has been awarded three separate projects by an unnamed national oil company for the integrated engineering, procurement, construction, and installation (EPCI) services in multiple fields in the Arabian Gulf. In addition to this, there has also been an award of an additional s
E-marine, a provider of submarine cable solutions in the Middle East, has secured a maintenance contract for the Bay of Bengal Gateway. The cable, with a total length of 8,040 kilometers, links five countries, Oman, UAE, India (Mumbai and Chennai), Sri Lanka and Malaysia. The section under E-marine’
Saipem and its consortium partners Bos Shelf and Star Gulf have secured USD 1.5 billion Shah Deniz Stage 2 contract from BP. Saipem share in the contract is approximately USD 1.3 billion, the company informed. The contract duration is for five years plus a possible extension for a further five years
WorleyParsons has been awarded a five year contract for Engineering, Procurement and Construction Management (EPCm) services for BP-operated assets in Azerbaijan, Georgia and Turkey. Under the agreement, WorleyParsons will provide EPCm services primarily to BP-operated Sangachal Terminal and pipelin
Buckthorn Partners and the Arab Petroleum Investments Corporation (APICORP) have acquired Ashtead Technology. The undisclosed funding package from Buckthorn and APICORP will allow Ashtead to further expand its service offering through both organic and acquisition led growth. The investment will also
